I always love gb girls postings .Generally she is always wrong...

I always love gb girls postings .Generally she is always wrong .
One of her first posts on this thread was about 7 months ago when all her short term and long term indicators were 100% buy on DEG .The price at that time was 1.50.Sadly they were all wrong and the price is down almost 30%.Technical analysis is useless on penny mining stocks.
Second for a couple of years she has been pushing a takeover ,this has never happened and is highly likely to never happen .Newmont will be busy for a couple of years absorbing Newcrest which was a big acquisition.In the Newcrest acquisition was several very large and promising properties for development in BC .hence no need for more in ground explorer companies like DEG.
The recent “puff piece” that she just put on this thread is by someone called josh who happens to work for * Australia,which is a subscriber service
In three years now Deg share price is unchanged ,it seems highly likely that the next three years will bring more of the same .The main expertise of Josh appears to be as a West Ham soccer supporter and he indicates he will never sell his West Ham stock.
One of the interesting things about DEG is what a small percentage of its shares trade on a daily basis .This is because DEG is effectively controlled by multiple large entities including gold road so it has effectively been taken over.
The only time that trading volume was higher in the last few months beyond the usual 3-5 million per day was in the few weeks prior to the 300 million dollar offering when their was obviously a leak of information about the offering share price which was way below the current market price at that time .Hence a big sell off as insiders privy to the offering price sold off into the market only to buy back at a lower price.
DEG share price is falling again on no news ,decline in the gold price in US dollars related to a recent increase in US interest rates strengthening the US dollar. Permitting for the plant would appear to be still going on ,financing for the plant will be in place only after permitting is complete and is estimated to be in August .Many timelines that have been put out in the past have been delayed.
It will be a minimum of 5 years from now before the plant is built,it is operating profitably and the bank debt is paid off .This is a lifetime in the mining space.